The Indian equity criteria are set to open lower as suggested by the Clever futures traded on Singapore Exchange.
Nifty futures on Singapore Exchange also called SGX Nifty futures fell 40 indicate 16,488 amidst weak cues from other Asian markets.Asian markets slipped on Monday after a raft of Chinese data revealed a remarkably sharp slowdown in the engine of international development, just as much of the world races to stem the spread of the Delta version of COVID-19 with vaccinations.There was added uncertainty about the possible geopolitical implications of the abrupt collapse of the Afghan federal government and what it suggests for political stability in the region.MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 per cent, pushing back toward the lows for the year touched last month.Chinese blue chips were hanging onto gains of 0.3 per cent, in anticipation of a more aggressive policy easing from Beijing.Nikkei fell 1.8 percent, though economic development topped projections for the June quarter.Global markets touched brand-new record highs on Friday, increased by forecast-beating company results, however the US dollar and Treasury yields fell after data revealed US customer self-confidence plummeted in early August.Back home, foreign institutional financiers (FIIs) purchased shares worth Rs 820 crore on Friday while domestic institutional financiers shares worth Rs 149 crore.Devyani International will remain in focus as it will list its shares on stock exchanges at 10:00 am today.
The IPO was subscribed 117 times.ONGC will be on investors radar after its net profit in June quarter can be found in at Rs 4,334.75 crore compared to Rs 6,733.97 crore in the previous quarter.Apollo Hospitals Enterprises will be on traders radar after the business reported revenue of Rs 501 crore against loss of Rs 226 crore in the same quarter last year.